Canada’s Five-Year Outlook—January 2026

Canada’s Five-Year Outlook—January 2026

Canadian Economic Analysis
28 min read

Author: Cory Renner, David Ristovski, Doris Chu, Jake Lenarduzzi, Kiefer Van Mulligen, Maxime Arseneau, Meghan Eibner, Richard Forbes

$735.00

This quarterly economic forecast provides highlights of the Canadian Outlook report, which presents the short-term national outlook.

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Reaching the Fork in the Road

This quarter, we look at the pressure U.S. trade policy continues to put on the Canadian economy.

Could Canada’s latest federal budget be the medicine the economy needs? How will the small contraction in Canada’s population this year and next affect labour markets, consumer spending, housing supply and demand, and fiscal challenges? We share our forecast for Canada’s economic and fiscal outlook over the next five years, including gross domestic product, interest rates, jobs, business investment, housing markets, and international trade.

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